BMO U.S.

Director, Trust Administration

BMO U.S.

full-time

Posted on:

Location Type: Office

Location: Chicago • California • Florida • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $102,000 - $190,000 per year

Job Level

Lead

About the role

  • Work as part of a Client Strategy Team, or serve as the primary relationship manager, to provide expert fiduciary administration for an existing portfolio of trust and investment management accounts.
  • Ensure that all accounts are administered in accordance with governing instruments, internal procedures, and applicable laws and regulations.
  • Build and maintain strong relationships with clients, beneficiaries, and next generation to meet their financial and estate planning needs.
  • Work collaboratively with internal colleagues from Investments, WM Legal, Trust Real Estate & Special Assets, and Trust Tax to address risk issues, ensure effective administration, and deliver integrated client solutions.
  • Partner and communicate with clients, beneficiaries, co-trustees, trust protectors, external counsel and other individuals associated with the administration of fiduciary accounts.
  • Responsible for the driving the profitability and growth of the Trust Discipline consistent with established strategic goals and priorities.
  • Maintain appropriate contact with clients and beneficiaries through regular contact to service needs effectively, mitigate risks, and deepen existing relationships with the next generation.
  • Develop and maintain expertise as a subject-matter expert in the area of estate planning and personal trust administration to serve as an internal resource to elevate and grow existing client relationships.
  • Actively participate in business development activities, including identifying opportunities to expand existing relationships and attract new clients.
  • Stay current on changes in trust and tax law, and estate planning trends to provide proactive guidance to clients.
  • Mentor and support less seasoned team members, fostering a culture of collaboration and excellence.

Requirements

  • Bachelor’s degree in Business, Finance, or a related field; JD preferred.
  • Minimum of 5 – 7 years of relevant experience in trust administration, estate planning, or wealth management.
  • Strong knowledge of fiduciary principles, trust laws, and estate planning strategies.
  • Professional designations such as CTFA, CFP, or CPA are highly desirable.
  • Exceptional interpersonal, communication, and relationship-building skills.
  • Proven ability to manage complex client relationships and deliver exceptional service.
  • Strong analytical, organization, and problem-solving abilities.
Benefits
  • Health insurance
  • Tuition reimbursement
  • Accident and life insurance
  • Retirement savings plans
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
trust administrationestate planningwealth managementfiduciary principlestrust lawsestate planning strategiesanalytical skillsorganizational skillsproblem-solving skills
Soft Skills
interpersonal skillscommunication skillsrelationship-building skillsclient relationship managementcollaborationmentoringbusiness development
Certifications
CTFACFPCPA